EZGO Technologies Ltd. (NASDAQ:EZGO) Short Interest Update

EZGO Technologies Ltd. (NASDAQ:EZGO) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 20,283 shares, a decline of 84.1% from the June 15th total of 127,751 shares. Based on an average trading volume of 2,069,184 shares, the short-interest ratio is currently 0.0 days. Approximately 1.5% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Wall Street Zen raised shares of EZGO Technologies to a “sell” rating in a research note on Saturday, June 20th. Weiss Ratings upgraded shares of EZGO Technologies from a “sell (e)” rating to a “sell (e+)” rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, EZGO Technologies has an average rating of “Sell”.

EZGO Technologies Price Performance

EZGO Technologies stock remained flat at $1.27 during mid-day trading on Monday. The company’s stock had a trading volume of 168,669 shares, compared to its average volume of 1,104,719. The business has a fifty day moving average of $8.16 and a two-hundred day moving average of $156.37. EZGO Technologies has a 1 year low of $1.12 and a 1 year high of $2,585.62.

About EZGO Technologies

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs. It also designs and sells intelligent robots, and electric vehicle accessories and electronic control systems; and provide after-sales services for e-bicycles, including technical support, parts supply, and sales of peripheral products and derivatives, including raincoats, helmets, and mobile phone brackets.